LISTING ID: M170402

STATUS: ACTIVE

HIGHLIGHTS

REVENUE:        $684,734

NET PROFIT:     $143,692

EMPLOYEES:     25-44

ESTABLISHED:   1980

FF & E:               $50,000

ASKING PRICE: $399,000

INVENTORY:       $3,500

JANITORIAL AND FACILITY MANAGEMENT

WAYNE COUNTY MICHIGAN

BUSINESS SUMMARY

Since late 1980s this minority owned business has provided professional cleaning services to commercial, governmental and medical establishments in Michigan and surrounding areas. Over 50% of revenues come from signed government contracts through the end of 2017 and first half of 2018. This company delivers complete janitorial solution to its clients including regular cleaning services plus hard surface floor care, marble floor maintenance/restoration, carpet & window cleaning, construction clean-up, emergency clean-up, landscaping/snow removal. In addition, facility management services include HVAC, pest control, refuse collection, construction clean-up and special projects. The owner employs 25-40 field personnel and 3-4 core office staff. This long established business has high standards and maintains a quality reputation. Potential buyers should have experience in this industry or have sales/marketing, management, or government contracting skills. Minority status is a plus.  All assets and inventory included with the sale.

 

 

Non-disclosure required prior to receiving confidential information.

 

GROWTH AND EXPANSION

With new ideas and energy of the new owner, there is a great growth potential within Michigan and other states. Business sale comes with excellent web site including on-line product sales that can be expanded. Useful certifications/designations to build on: Federal GSA and NAIC codes, SBA HubZone, Michigan Minority Supplier and several Wayne County designations.

 

COMPETITION

Long history and solid reputation of this company paired with vast experience in government bidding arena, puts this business ahead of competition.

 

SUPPORT AND TRAINING

The owners will train the buyer for a negotiated time period.

FACILITIES

The business leases a 737 sq. ft. office suite on the first floor of a historic building at $844.48 per/mo. and 918 sq. ft. of lower level storage at $612.00 per/mo. They have several underground parking spaces at $45 per mo. per vehicle. This location is well maintained with easy access to most major freeways. It’s advisable to keep this lease but the business is relocatable.

 

REASON FOR SALE & SALE TERMS

Owner is ready to retire.

 

Terms of Sale: Cash + note based on customer retention

 

 

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CONTACT LISTING BROKER

 

248.425.2129

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Copyright by Inix LLC 2017

LISTING ID: M170402

STATUS: ACTIVE

CONTACT LISTING AGENT FOR MORE INFO